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Articles for the keywords: Safra Catz
16 Dec 2016 Oracle Cloud Revenues Surge Again [59000]
Oracle, December 16th, 2016

Noting that 'as we get bigger in the cloud, we grow faster in the cloud,' Oracle CEO Safra Catz reported that the company's second-quarter FY2017 software-as-a-service and platform-as-a-service revenues rose a combined 81% from the year-earlier quarter, to $878 million. It's the fourth consecutive quarter in which Oracle's SaaS plus PaaS cloud revenue growth rate has increased.

The company's total cloud revenues, including those from infrastructure as a service (IaaS), rose 62% in the quarter, to $1.05 billion - surpassing $1 billion for the first time. Catz said that by the time Oracle competitor Salesforce.com crossed the billion-dollar milestone (in its fiscal year 2014 third quarter), its revenue growth rate had slowed to 36%.
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20 Oct 2016 Oracle's Safra Catz: How Finance Can Lead Cloud Transformation [57226]
By Margaret Lindquist

Margaret writes in Forbes, "Modern, cloud-based finance systems can generate significant growth for businesses because they can empower more employees to make better decisions, Oracle CEO Safra Catz said during a luncheon at Oracle OpenWorld 2016. However, as her experience at Oracle illustrates, new technologies have their greatest impact when they are part of an overall corporate transformation.

According to Catz, when she first came to Oracle, in 1999, Larry Ellison asked her to help with a massive undertaking - the complete information technology transformation of the company, taking it from multiple, disparate systems spread across the globe, to a single source of truth for the business..."
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29 Sep 2016 Oracle CEO Safra Catz: SMBs 'Propel The Future' [56671]
Forbes, September 29th, 2016

John Soat writes, "Cloud computing gives small and medium-size businesses a 'phenomenal opportunity' to take advantage of sophisticated enterprise technology -historically the purview of only large companies - at low cost and with relative ease, Oracle CEO Safra Catz told an enthusiastic audience of SMB owners at Oracle OpenWorld in San Francisco last week. But companies need to act now, Catz warned, because the pace of change is only accelerating..."
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28 Sep 2016 6 Business Insights From Oracle And San Francisco Giants CEOs [56673]
Forbes, September 28th, 2016

Margaret Harrist writes, "It was a golden opportunity for hundreds of small-business leaders to get sage counsel from one of Silicon Valley's most successful startups and a World Series-winning baseball franchise.

Oracle CEO Safra Catz and San Francisco Giants President and CEO Larry Baer dispensed advice for thriving despite a range of wild pitches and curve balls that are sure to come their way, during their joint keynote at biztechSF, an event presented by the San Francisco Chamber of Commerce and sponsored by Oracle..."
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17 Jun 2016 Oracle - a Force to Be Reckoned with' in the Cloud [53532]
By Chris Murphy

Chris Murphy writes, "Revenue for Oracle's cloud software as a service and platform as a service reached $690 million in the fourth quarter of fiscal year 2016, up 66% year over year in US dollars and up 68% in constant currency, according to Oracle's financial results released June 16.

ooking ahead to the first quarter of fiscal year 2017, Oracle expects cloud SaaS and PaaS revenue will grow 75% to 80%. That kind of Q1 revenue growth guidance makes it 'easier to see that we are a force to be reckoned with in the cloud,' CEO Safra Catz said on a conference call with analysts following the earnings release..."
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